The reshuffle comes at a critical juncture for LVMH in China. In its full-year 2025 results, the group reported revenue of 80.81 billion euros, down 4.6% year on year. Recurring operating profit fell 9% to 17.76 billion euros, while net profit declined 13% to 10.88 billion euros.
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大约20分钟后，17位村民陆续涌到山沟里，将那头牛五花大绑，横竖穿插了三根木桩，再在牛身上绑两条长绳，绳头各自由几个男人牵引往上拽。为确保每个人都能搭把手，男人们之间挤得密密实实，以至于我都看不见被围在中间的牛。